StockX data breach exposes 6.8m users’ data
StockX admitted to the data breach after sending an email to all its users requiring them to change their passwords due to a “system update” on Thursday. The footwear retailer…
UK online retail sales grew 16% to £8.2bn over last year
UK online retail sales have jumped 16 per cent over the past year thanks to the continued popularity of online-only brands. Ecommerce retailers saw sales increase to £8.2 billion in…
Next was searched for 82m times last year, 20m more times than its nearest fashion rival
Next is the most searched fashion brand in the UK by a margin of over 20 million, coming well ahead of more ecommerce focused rivals. According to new research conducted…
UK’s ecommerce growth rate to be overtaken by 10 EU countries by 2021
The UK’s ecommerce market is due to grow nearly 10 per cent to hit €231.2 billion (£207.1 billion) in the next three years, but its growth rates will be overtaken…
Walmart CEO admits the retailer is playing ‘catch up’ in ecommerce
Walmart chief executive Doug McMillon has admitted the global retailer has some major adjustments to make in order to keep up with its rivals’ ecommerce game.
Speaking at Fortune’s Brainstorm…
EU could launch major Amazon antitrust probe “within days”
EU competition commissioner Margrethe Vestager is set to launch a formal investigation into Amazon “within days” according to two people familiar with the case speaking to Bloomberg.
Now into her…
World’s first underground automated warehouse to open in carpark of Tel Aviv skyscraper
CommonSense Robotics has revealed it is working on the world’s first underground automated warehouse.
Partnering up with an unnamed Tel Aviv grocer, the new facility has been built in the…
Shopping on smart speakers surges ahead of expectations
Consumers opting to shop on smart speakers have grown faster than previously expected according to new research by eMarketer.
Numbers of US consumers who shop by smart speaker are set…
Half of UK retail sales could be online in next 10 years
Online shopping could more than double its share of the retail market by 2028, according to a new report examining the draws of convenience of online shopping and lightning fast…
“Amazon of Africa” Jumia poised for $200m IPO
The “Amazon of Africa” has delayed its initial public offering (IPO) onto the New York Stock Exchange by a day, but will still go public this week. Jumia Technologies, the…